Latest news
Egypt awards tender to purchase 55 LNG cargoes
Egypt's state gas board EGAS declared on Monday it is to acquire 55 cargoes of liquefied natural gas (LNG), 10 more than initially scheduled, through a tender it has awarded to seven firms which will supply the fuel from the beginning of November.
read more... 13/10/2015
German utilities shares rocket on nuclear stress test alleviation
Shares in German utilities E.ON and RWE soared at the highest level in seven years on Monday, as worries that they has not enough funds to cover the nuclear decommissioning fade away.
read more... 13/10/2015
Daily: European spot power prices up on colder weather, weak wind supply
Crude oil prices declined on Monday, falling 5 % as traders took profits after last week’s hike to an 11-week high and report that OPEC kept on to increase production despite a continuous oversupply. Both Brent and U.S. crude futures recorded the largest percentage losses since the start of September with the North Sea crude slipping $2.79 at $49.86 and West Texas Intermediate declining $2.53 at $47.10. OPEC slashed its estimate of 2016 world oil demand growth by 40,000 bpd to 1.25 million bpd amid sluggish growth in China.
read more... 13/10/2015
DONG Energy launches first offshore wind farm in Germany
DONG Energy, in cooperation with associates the LEGO Group and William Demant, celebrated the launch of the Borkum Riffgrund 1 wind farm in Germany.
read more... 13/10/2015
Poland to receive its first cargo of LNG in November-December
Poland is expected to get its first delivery of liquefied natural gas (LNG) at its new LNG terminal at the end of November or early December, Polish treasury minister declared on Sunday.
read more... 12/10/2015